Review of Bank of Nova Scotia

OCT 10, 2024 - BNS has established itself as a leading bank in the Americas offering a broad range of services and products such as personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The Bank employs 89,239 workers, has 2,279 branches and offices, and 8,584 automated-banking-machines (ABMs). BNS is the cheapest Canadian Bank and also pays the highest yield. We think further multiple expansion could occur as BNS executes on its strategy and continues to string together earnings beats. With a positive outlook we are maintain our rating of an A-.

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Toronto-Dominion Bank (The) (TD $114.64)
- $114.64 P/E (TTM): 9.73X Cap: $194.67B
- View TD Profile
- View Questions on TD
Bank of Nova Scotia (The) (BNS $91.86)
- $91.86 P/E (TTM): 17.67X Cap: $113.10B
- View BNS Profile
- View Questions on BNS
- View Reports on BNS

Q: I would like to just buy one of either BNS or TD. Considering both the size of the dividend and potential for stock growth - which would you choose today?

Read Answer Asked by Judith on October 30, 2025

Royal Bank of Canada (RY $204.12)
- $204.12 P/E (TTM): 15.72X Cap: $287.39B
- View RY Profile
- View Questions on RY
Bank of Nova Scotia (The) (BNS $91.86)
- $91.86 P/E (TTM): 17.67X Cap: $113.10B
- View BNS Profile
- View Questions on BNS
- View Reports on BNS
Bank of Montreal (BMO $173.05)
- $173.05 P/E (TTM): 14.75X Cap: $125.85B
- View BMO Profile
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Hamilton Enhanced Canadian Bank ETF (HCAL $32.63)
- $32.63 P/E (TTM): 11.55X Cap: $710M
- View HCAL Profile
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Hamilton Canadian Financials YIELD MAXIMIZER TM ETF (HMAX $15.57)
- $15.57 P/E (TTM): 9.31X Cap: $1.71B
- View HMAX Profile
- View Questions on HMAX
Hamilton Utilities YIELD MAXIMIZER TM ETF (UMAX $13.54)
- $13.54 Cap: $930M
- View UMAX Profile
- View Questions on UMAX

Q: I have been asked by a 23 year old to provide suggestions for when she initiates her FHSA.

I immediately thought of the banks , which I believe is the premium Canadian sector for long term growth, growing dividends , and safety. I would also recommend a more Canadian diversified security (UMAX ) for her next purchase. Of the above banking securities ( all owned between my cash, tax free, and registered accounts ), which would you start with ? Would you be comfortable with UMAX as second pick ( admittedly hasn’t done much but provides diversification into large cap companies and a good distribution yield). I am only interested in Canadian securities at this point. Should I be comfortable with this approach? Any thoughts would be appreciated.
Thanks. Derek .
Any

Read Answer Asked by Derek on October 21, 2025

Toronto-Dominion Bank (The) (TD $114.64)
- $114.64 P/E (TTM): 9.73X Cap: $194.67B
- View TD Profile
- View Questions on TD
Bank of Nova Scotia (The) (BNS $91.86)
- $91.86 P/E (TTM): 17.67X Cap: $113.10B
- View BNS Profile
- View Questions on BNS
- View Reports on BNS
Constellation Software Inc. (CSU $3,586.89)
- $3,586.89 P/E (TTM): 91.49X Cap: $73.19B
- View CSU Profile
- View Questions on CSU
- View Reports on CSU
Thomson Reuters Corporation (TRI $216.17)
- $216.17 P/E (TTM): 44.56X Cap: $96.08B
- View TRI Profile
- View Questions on TRI
Shopify Inc. Class A Subordinate Voting Shares (SHOP $242.95)
- $242.95 P/E (TTM): 99.97X Cap: $324.46B
- View SHOP Profile
- View Questions on SHOP
- View Reports on SHOP

Q: What would be your top 5 larger cap stocks in Canada today? What would consider to be good entry points?

Thank you
Tim

Read Answer Asked by Timothy on October 08, 2025